Underwriting Specialist/Executive Underwriter, Inland Marine
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About the role
Markel Group (NYSE - MKL) a fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world. We're all about people | We win together | We strive for better We enjoy the everyday | We think further
Responsibilities
- Reviewing, analyzing, accepting, and declining inland marine risks to ensure profitability for Markel.
- Communicating with underwriting management on individual accounts, current and proposed producers, and to make recommendations concerning operations, systems and procedures when appropriate.
- Underwrite and select new business that will produce an underwriting profit.
- Review submissions and identify exposure and risk from information provided.
- Underwrite renewal business review terms, conditions and pricing and handle related account servicing.
- Monitor producers for profitability and production.
- Monitor results of the overall book of business assigned; and recommend corrective action as necessary.
- Develop and maintain productive relationships within assigned region and product line management.
- Participate in audits and/or underwriting meetings as required.
- Cross-sell opportunities with other Markel divisions through the promotion of Markel's products and services.
- Opportunity to mentor junior underwriting talent
- Coordinate with other Markel products on common accounts.
- Travel within the Midwest region
Requirements
- Minimum 6+ years of current experience underwriting profitable Admitted inland marine or related business (position title will depend upon experience);
- Bachelor's degree and industry designations (proven, outstanding experience can be substituted for education);
- Proven outstanding reputation with retail distribution;
- Knowledge of pricing accounts using loss rating and actuarial modeling tools/techniques;
- #LI-AB
- Ability to work in a fast-paced environment;
- Proven excellent customer service skills;
- Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility;
- Must have excellent oral and written communication skills;
- Superb MS Office and underwriting system skills;
- Strong analytical and organizational skills;
- Must be a team player that enjoys a flexible and spontaneous business environment.
- US Work Authorization
- US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
- Pay information:
Benefits
Additional Information
What part will you play? If you're looking for a place where you can make a meaningful difference, you've found it. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you'll find your fit amongst our global community of optimists and problem-solvers. We're always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs. Join us and play your part in something special! The primary purpose of this position is to underwrite new business and renewals in a profitable manner and according to authority level and established guidelines, and drive projects having an impact on the business. Assigned larger, more important and more complex accounts. Utilize underwriting tools to determine accurate classifications, rates, and premium charges. Understand state laws, including cancellation and non-renewal, within assigned territory to properly transact business within each state. Knowledgeable in coverage forms and policy language; appropriate utilization of forms and exclusions. Assist with resolving premium audit disputes within assigned agents/brokers. Promotes the growth and development of less experienced underwriters and fosters teamwork.
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